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    Exam 15: Wage Rates in Competitive Labor Markets
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    Dogs Are More Popular Than Cats in the U
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Dogs Are More Popular Than Cats in the U

Question 30

Question 30

Multiple Choice

Dogs are more popular than cats in the U.S., but if cats were to become the more popular pet, then we can we expect that in the market for cat-food workers


A) MPP increases
B) MRP increases
C) MPP decreases
D) MRP decreases
E) the wage rate decreases

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